Summer Suites, Menara Solaris

Summer Suites (also known as Mercu Summer Suites) is a leasehold SOHO building that is located in Menara Solaris, KLCC. There are 403 units available at this property with built-up from 454 sf to 1,348 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at around RM700 psf, and was completed in around 2015.

UEM Sunrise Bhd (fka Sunrise) is a huge real estate company listed on KLSE, and it has constructed around 71 real estate projects in Malaysia. Other similar projects by the same developer are Menara Solaris and Summer VOS.

Property Type
SOHO
Land Tenure
Leasehold
Built-up
454 sf - 1,348 sf
Market Price
RM410,000 - RM800,000
Total Units
403 Units
Completion Date
2015
Launch Price
About RM700 psf

This soho building has some amenities nearby, for example universities, transit stations, hospitals and schools. The following are some of the major universities here:

As for transit stations, there are LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku. There are also some hospitals here, i.e. Al Islam Specialist Hospital and Mont Kiara Medical Centre.

Lastly, the schools here are SMK Convent Bukit Nanas and Sekolah Antarabangsa Sayfol.

The current rental yield of Summer Suites is around 5.56%, compared to 3.45% a year ago in Q3 2021. The highest rental yield ever recorded was 5.56% in Q4 2022; while the lowest one was 3.23% in Q2 2022. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Summer Suites is Studio / 493 sf with a median price of RM830 psf. For price wise, the most expensive one is 1-bedroom / 577 sf with a median price of RM1,040 psf; while the cheapest one is 2-bedroom / 1,348 sf with a median price of RM590 psf.

Latest Summer Suites sale listings:

DateProperty TypeBuilt-upPrice
TodayOffice635 sfRM500,000
TodayOffice581 sfRM550,000
23 Apr 2023Studio492 sfRM410,000
20 Feb 2023Office710 sfRM375,000
21 Feb 2023Studio484 sfRM484,000
20 Feb 2023Office710 sfRM375,000
19 Feb 2023Office493 sfRM369,000
15 Feb 2023Office710 sfRM375,000
13 Jan 2023Office493 sfRM304,000
6 Dec 2022Office495 sfRM337,000

Latest Summer Suites rental listings:

DateProperty TypeBuilt-upRental
29 Nov 2022Apartment Room-NA-RM750
16 Aug 2022Room-NA-RM730
15 Jan 2022Condominium500 sfRM1,600
5 Jan 2022Studio500 sfRM1,800
31 Dec 2021Studio495 sfRM1,700
4 Jan 2022Studio493 sfRM1,500
4 Jan 2022Condominium495 sfRM2,000
31 Dec 2021Studio500 sfRM1,550
29 Dec 2021Master Room-NA-RM1,200
29 Dec 2021Condominium1,130 sfRM3,800
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